Hot Research PM

Zillow Set to Go Higher

The real-estate site has strong long-term growth prospects.

October 3, 2012

Zillow (Z: Nasdaq) By ThinkEquity ($39.11, Oct. 3, 2012)

Given continued strong consumer adoption, new inventory per zip code, the build-out of the sales force, the potential for significant leverage, and strong long-term growth prospects around the shift to impression-based billing and the monetization of adjacent markets like mortgages and rentals, we are reiterating our Buy rating, raising our estimates, and our price target on...